The News In Shorts

How the news would look if everyone stopped waffling and told the truth.

Sunday, 21 April 2013

Liam Fox Demands More Advantages For Crooks.

Liam Fox has made a call for Cameron to harness the "popularity" of Margaret Thatcher and back "wealth creators". His ideas include lowering taxes for the wealthy and deregulating their activities which, he assures us, will magically release their "entrepenurial energy." In other words the same old self-serving claptrap that has wrecked the world economy over the last 30 years. The real problem is that the majority of the ultra-rich, which are the people that Fox is talking about, are not wealth creators. They are wealth hoarders who are more likley to bury their money in tax-free off shore accounts than invest them in risky business ventures. Few of them are entrepeneurs at all. Most of them use other people's money to gamble on various shady financial deals which deregulation has allowed them to fix through various scams. All this, of course, is par for the course for a Tory but it is worth reminding ourselvers who Dr.Liam Fox actually is. In the 1980's while a student at Glasgow University he resigned from the Glasgow University Union in protest when the Union allowed gay students to join it. Appointed as Minister of Defence in 2010, it quickly came to light that he had fraudulently claimed £22,476 in mortgage interest payments to which he was not entitled and which gave him the dubious distinction of having he largest over-claim on expenses in Parliament. As the Minister for Defence Fox claimed a staggering £19,000 for mobile telephone calls and was found to be claiming expenses for a London flat that he was renting out to someone else. Finally in 2010 he was forced to resign when it was discovered that he had used taxpayers money to fund trips abroad for his friend, Adam Werritty, and that Werritty had been allowed illegal access to sensitive information and to pretend that he was one of Fox's official advisors. In other words Dr Liam Fox is a crook while his call for Cameron to "encourage" so-called "wealth creators" is nothing more than a bid for the legitimisation of his own shady dealings. In other words Fox is a typical Tory seeking to elevate having no principles to the level of a principle.